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Topic: Man loses $22,000 in cryptocurrency scam - page 2. (Read 604 times)

legendary
Activity: 3164
Merit: 1127
Leading Crypto Sports Betting & Casino Platform
December 14, 2017, 04:27:48 PM
#27

 Shocked

Is a very sad story, but something caught my attention, he said: "I said this is not right," said Dejrit. This is all he did, he did not try to exploit other options to find these scammers, even someone who is not smart like me, eventually knows that scammers will have to exchange those coins to fiat to be able to spend in real life, even if that scammers are super intelligent, some mistake he will commit and report these cases to the police can be of great help. The police will evolve to find these scammers. But if people do not report these cases, how do they expect the police to do their job?
sr. member
Activity: 546
Merit: 250
kittiefight.io Combat MMO Lending Jackpots
December 14, 2017, 04:21:30 PM
#26
Well, for starters, you probably should not trust everyone. It's worth to protect yourself. And if you mean trading on the exchange, then of course no one is immune.
You should not trust anyone when it comes to money,he just made the dumbest decision of his life to give a remote access to someone with all of his coins saved in his computer,it is like giving the locker key to someone and trusting he wont steal anything,i am sure he knows which company he asked for help and who stole his money,it can be tracked to the individual who stole the money with minimal effort.
hero member
Activity: 756
Merit: 502
CryptoTalk.Org - Get Paid for every Post!
December 14, 2017, 04:14:51 PM
#25
So once again we see a demerit of decentralization. Man loses such a huge sum and all he could do is regret because no law in the world caters problems related to crypto currency scam even if they cater there is absolutely no chance that they would be able to effectively trace any such persons.

That's a pessimistic view of things. Using bitcoin and cryptocurrencies is very empowering because no centralized entity (like your bank or Paypal) can freeze your funds, delay transfers, etc.

The downside of that is that you are 100% responsible for your money. You need to be wary of social engineering attempts to get your exchange credentials and private keys. Be careful of phishing sites and don't trust any links that enter your email. As a general rule, if I can't store a coin on a hardware wallet (like the Ledger Nano S), I am ultra careful to check the source, discuss the software with people I trust, and to compartmentalize less trusted software from my primary PC and wallets.

Also, don't be so sure that people can't be effectively traced. Many people involved in the darknet markets have been jailed at this point due to blockchain analysis.
full member
Activity: 532
Merit: 100
Dream of the Great
December 14, 2017, 04:11:51 PM
#24
Well, for starters, you probably should not trust everyone. It's worth to protect yourself. And if you mean trading on the exchange, then of course no one is immune.
legendary
Activity: 2912
Merit: 6403
Blackjack.fun
December 14, 2017, 04:04:16 PM
#23
That's not really the fault of the cryptocurrency or any exchange, that's the fault of him. He didn't do enough research and gave away passwords to a random stranger. Fake support line? Sorry, I hate hearing stories like that but it's not right to blame crypto

This stuff about the "fake support line" got me thinking this is a made up story.
And the fact that the only other place where the story is share (by the same author)  is steemit where a lot of lies are told for money.


legendary
Activity: 1218
Merit: 1006
December 14, 2017, 01:57:04 PM
#22
No any web wallets, exchanges and SPV wallets can be considered as safe wallets to store large stack of bitcoin or other cryptocoins. Your computer or mobile can get infected even if you will have active antivirus installed and similarly exchanges where you have stored your coins can get hacked overnight and you will loss all.

Hardware wallet is the safest and if you have coins there than I don't think there is anyway hacker can access them remotely unless it is not tempered before being delivered to you.
legendary
Activity: 1904
Merit: 1000
December 14, 2017, 01:00:54 PM
#21
Giving access to our personal computer to others, no matter how trustworthy he is, should be avoided. A person can change his mind whenever there's a chance. Not all crimes are planned.
legendary
Activity: 1596
Merit: 1005
★Nitrogensports.eu★
December 14, 2017, 12:55:05 PM
#20
Everyone is responsible for their own actions in a decentralised system. I'm sorry for his loss. I hope everyone learnt a valuable lesson from his experience. Be careful everyone.
My thoughts exactly. People are used to being part of the system which pamper and guide them.
They are used to payment reversals, PayPal disputes and bank chargebacks so much that they no longer can think on their own.
"After all when something will go wrong, then I will just open up a PayPal dispute and receive my money back" - this is normal nowadays.
With irreversible payment methods like cryptocurrency we need to learn how to think - this might be a hard task for people I am afraid.
sr. member
Activity: 378
Merit: 250
December 14, 2017, 12:54:34 PM
#19
It's all his fault though and he can't do anything about retrieving it back, who is in the right mind that a valuable account's password will just be given to someone, even though it is a customer support of his trusted crypto exchange because at the first place there is no need for any website to get your password in just helping you to buy a specific cryptocurrency. It is ovbiously a scam and the owner acts so carelessly with this matter so this will serve a solid lesson for him.
member
Activity: 73
Merit: 11
December 14, 2017, 12:49:18 PM
#18
Everyone is responsible for their own actions in a decentralised system. I'm sorry for his loss. I hope everyone learnt a valuable lesson from his experience. Be careful everyone.
full member
Activity: 154
Merit: 100
December 14, 2017, 12:46:48 PM
#17
Oh that's just sad but this part is a mistake for the said individual. Everyone of us is responsible for our own actions, having said that we are the ones that need to protect our hard earned money. There are a lot of measures that can be done in order to protect it. but for this guy i don't know he just gave all the access. Remotely and his password as well. It is pitiful yes, but we should have learned from the mistakes of others.
hero member
Activity: 952
Merit: 500
December 14, 2017, 12:38:28 PM
#16
We know that wherever there is money,there would be scammers.Bitcoin is a form of digital currency which has nowadays attained the position of digital asset and due to its high increasing price,it has attracted the attention of every one especially the scammers.

Bitcoin being a digital currency which works in internet makes it easy for scammers to hack the money without having any physical contact with the victims.This rate would even grow higher in future as bitcoin is a new invention and it would take time for people to know how to safely use it.
full member
Activity: 266
Merit: 101
Cryptomooniac - to the moon and beyond...
December 14, 2017, 12:32:38 PM
#15
In crypto you need to be extra-careful. Never trust e-mails (verify them first, lot of phishing attempts). Slackbot messages and impersonators in Slack are always there. NEVER share your private keys with anyone. I think most of the scams are because a lot of people are newbies that do not read and want to make a quick buck investing in anything.
legendary
Activity: 2464
Merit: 1039
Bitcoin Trader
December 14, 2017, 12:28:42 PM
#14
I can not talk much about it, but I'm sure everything will be good after that, experience is the best teacher so do not make the same mistake, whoever he lost the money I hope will come a bigger replacement that got
hero member
Activity: 756
Merit: 500
December 14, 2017, 12:27:49 PM
#13
it is one of the many cases of loss of many cases that occur. The average cause is a hacked private key, so we must be careful and careful to backup our private key. My advice, keep private-key in the offline network, because it minimizes the incident hack, because most hackers hack through the Internet network.
Yes one of the best way is to keep your private key offline and make sure that your computer is free of virus, hackers will do everything to attack
your system so make sure that you have every precautions to avoid them and became a victim.
newbie
Activity: 24
Merit: 0
December 14, 2017, 12:22:26 PM
#12
That's not really the fault of the cryptocurrency or any exchange, that's the fault of him. He didn't do enough research and gave away passwords to a random stranger. Fake support line? Sorry, I hate hearing stories like that but it's not right to blame crypto
member
Activity: 65
Merit: 10
December 14, 2017, 12:21:05 PM
#11

invest wisely sorry fro his loss.

Scam ICO and  cryptocurrency abused to this great blcokchain
full member
Activity: 490
Merit: 106
December 14, 2017, 12:15:21 PM
#10
That was really one of the saddest cryptocurrency related scam story I have ever heard/read, he's been partially disabled an unable to continue his work and now his savings are all gone just like that. But honestly that's very stupid, He called a fake customer support (so where did he get that fake number of exchange he used lol) and that agent asked him to provide his password and he gave it. People have to learn that they should never trust anyone and give passwords or anything that can access their personal computer, accounts, wallets especially to those people they didn't don't know. This is what will happen to those people that didn't do their assignments before investing in cryptocurrency.
hero member
Activity: 938
Merit: 559
Did you see that ludicrous display last night?
December 14, 2017, 11:57:25 AM
#9
So once again we see a demerit of decentralization.
Actually, this isn't an inherent problem with decentralisation.

Scams happen with bank accounts all the time.  They're extraordinarily common, and the vast majority of scams (at least this nature of scams) are carried out with fiat currency.

Sure, Bitcoin scams may be treated less seriously for now, but that's based on the actions of governments, not the system itself.
member
Activity: 238
Merit: 10
December 14, 2017, 11:57:19 AM
#8
Just a reminder to be safe and not give people your passwords etc. Dont trust anyone, use exchanges and well known brokers ( even though they have high fees it is safe ). This is how you dont get burned.


Sometimes people are so hardheaded that's why they will be scammed.  There are already many information provided here that beware of scam and even tips for identifying a scam website,  but still they just continue doing it. It is not bitcoin's fault that they lose the money. We all know that we must be the one responsible of our own account and our money.  Just like with our bank account's number,  we should be careful on trusting our money to someone.  You need to invest only to proven legit and not those newly made sites because most of it are fake.
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